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HomeACME Solar

ACME Solar

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Company Release

ACME Solar plans Rs 170 billion investment in 2026 with focus on Hybrid, FDRE Renewable capacities, explores nuclear energy foray

March 4, 2025

New Delhi, 2nd March 2025, ACME Solar Holdings plans to invest Rs 17,000 crore to boost renewable energy capacity to 5 GigaWatts by 2027. “We intend to focus our new capacities on the revenue and margin […]

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Financings

ACME Solar plans Rs 170 billion capex investment in 2026, explores nuclear energy

March 3, 2025

ACME Solar Holdings Limited plans to invest Rs 170 billion in capital expenditure in 2026 to expand its renewable energy capacity to 5,000 MW by 2027, focusing on hybrid and firm dispatchable renewable energy (FDRE) […]

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Projects

ACME Solar partners with GREW Solar for solar project in Rajasthan

February 6, 2025

ACME Solar Holdings Limited has partnered with GREW Solar to execute a solar power project in Bikaner, Rajasthan, aiming to enhance renewable energy capacity in the region. The project will utilise GREW Solar’s Topcon solar […]

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Financings

ACME Solar declares Q3 FY 2024-25 results

January 30, 2025

ACME Solar has reported its third-quarter results for the financial year 2024-25 (Q3 FY 2024-25), ending on December 31, 2024. The company’s profit after tax (PAT) rose by 152 per cent year-on-year, reaching Rs 1.12 […]

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Financings

Acme Renewtech secures financing for 300 MW solar-wind hybrid project

December 27, 2024

Acme Renewtech Private Limited, a subsidiary of Acme Solar Holdings Limited, has secured a term loan of Rs 19.88 billion from the Power Finance Corporation (PFC) to finance a 300 MW solar-wind hybrid renewable energy […]

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Projects

ReNew, ACME Solar, and Adani Green Energy secure SECI’s Tranche XVIII solar projects

December 26, 2024

ReNew Solar Power, ACME Solar Holdings, and Adani Renewable Energy Holdings Twelve (Adani Green Energy Limited) have been awarded a total of 600 MW capacity in the Solar Energy Corporation of India’s (SECI) Tranche XVIII […]

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Projects

ACME Solar commissions 1,023 MW solar projects in Rajasthan

December 20, 2024

ACME Solar has commissioned four co-located ISTS-connected solar projects totaling 1,023 MW in the Jaisalmer district of Rajasthan. These projects, with a cumulative capacity of 1,200 MW, already have a 25-year power purchase agreement with […]

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Projects

Hexa Climate, ACME Solar, and Avaada Energy secure NTPC’s 1,200 MW FDRE auction

November 11, 2024

Hexa Climate Solutions, ACME Solar Holdings, and Avaada Energy emerged as winners in NTPC’s auction to supply 1,200 MW of firm and dispatchable renewable energy (FDRE) with peak power through interstate transmission system (ISTS)-connected projects. […]

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Projects

ACME to supply power from 150 MW hybrid solar project to SECI

October 21, 2024

ACME Solar Holdings has entered into a power purchase agreement with the Solar Energy Corporation of India (SECI) for the supply of hybrid solar power. ACME will supply 150 MW hybrid solar power to SECI. […]

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Financings

ACME Solar files DRHP with SEBI

July 4, 2024

ACME Solar has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for an IPO valued at Rs 30 billion, with each share priced at Rs 2. The […]

Projects

Scatec, ACME to put 900 MW solar project in India on hold

February 4, 2022

Scatec, a company based in Norway and ACME Solar Private Limited, based in India, have decided to put their 900 MW solar power project in India on hold due to supply chain bottlenecks and rising […]

Taking the IPO Route
Finance

Taking the IPO Route: ACME Solar looks to tap the capital market

January 20, 2018

The exponential growth in the Indian solar segment lowered market entry barriers and opened a plethora of opportunities for small- and medium-sized companies. While a greater number of projects and larger capacities are now available, […]

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